Flagstar Financial Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Joseph Otting

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.9yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Joseph Otting (66 yo)

less than a year

Tenure

Mr. Joseph M. Otting serves as Executive Chairman of Flagstar Financial, Inc. (formerly known as New York Community Bancorp, Inc.) since June 05, 2024. He serves as Chief Executive Officer & President at F...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Reginald Davis	Senior Executive VP & President of Consumer and Corporate Banking	1.9yrs	US$1.80m	0.022% € 919.7k
Lee Smith	Senior Executive VP & President of Mortgage	2.8yrs	US$2.59m	0.14% € 6.0m
Joseph Otting	President	less than a year	no data	no data
Craig Gifford	Senior Executive VP & CFO	less than a year	no data	no data
Bryan Marx	Executive VP & Chief Accounting Officer	1.9yrs	no data	0.012% € 484.2k
Christopher Higgins	Senior VP & Chief Information Officer	no data	no data	no data
Salvatore DiMartino	Executive VP & Director of Investor Relations	2.8yrs	no data	no data
Bao Nguyen	Senior Executive VP	less than a year	no data	no data
Donald Howard	Executive VP & Acting Enterprise Chief Compliance Officer	no data	no data	no data
Simone Betz	Executive VP & Chief Human Resources Officer	less than a year	no data	no data
Anthony Donatelli	Director of Capital Planning & Stress Testing and Executive VP	no data	no data	no data
Douglas Pagliaro	Senior MD and Deputy Chief Digital & Banking	3.2yrs	no data	no data

1.9yrs

Average Tenure

56yo

Average Age

Experienced Management: QC10's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Otting	President	less than a year	no data	no data
Milton Berlinski	Independent Director	less than a year	no data	0% € 0
Steven Mnuchin	Lead Independent Director	less than a year	no data	no data
Marshall Lux	Independent Director	2.8yrs	US$249.48k	0.0052% € 219.0k
Alessandro DiNello	Non-Executive Director	1.9yrs	US$450.51k	0.20% € 8.5m
Alan Frank	Independent Director	less than a year	no data	0.0024% € 100.9k
Jennifer Whip	Independent Director	1.9yrs	US$238.07k	0.0075% € 313.6k
Allen Puwalski	Independent Director	less than a year	no data	0% € 0

0.7yrs

Average Tenure

65yo

Average Age

Experienced Board: QC10's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.

Flagstar Financial Management

Management criteria checks 0/4

Key information

Recent management updates

High number of new and inexperienced directors

New York Community Bancorp, Inc. Announces Management Changes

High number of new and inexperienced directors

New York Community Bancorp, Inc. Appoints Craig Gifford as Chief Financial Officer

New York Community Bancorp, Inc. Appoints Alan Frank to its Board and as Member and Chair of Audit Committee

New York Community Bancorp, Inc. Announces Management Changes

Recent updates

New York Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on December 17, 2024

Third quarter 2024 earnings released: US$0.79 loss per share (vs US$0.82 profit in 3Q 2023)

New York Community Bancorp, Inc. to Report Q3, 2024 Results on Oct 25, 2024

High number of new and inexperienced directors

New York Community Bancorp, Inc. announces Quarterly dividend, payable on September 17, 2024

New York Community Bancorp, Inc. Declares a Quarterly Cash Dividend, Payable on September 17, 2024

Second quarter 2024 earnings released: US$1.14 loss per share (vs US$1.67 profit in 2Q 2023)

New York Community Bancorp, Inc. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024

New York Community Bancorp, Inc. to Report Q2, 2024 Results on Jul 25, 2024

New York Community Bancorp, Inc.(NYSE:NYCB) dropped from Russell 1000 Dynamic Index

New York Community Bancorp, Inc. Announces Management Changes

Upcoming dividend of US$0.01 per share

High number of new and inexperienced directors

New York Community Bancorp, Inc. Declares Quarterly Cash Dividends on Common Stock, Payable on June 17, 2024

New York Community Bancorp, Inc. to Report Q1, 2024 Results on May 01, 2024

New York Community Bancorp, Inc. Appoints Craig Gifford as Chief Financial Officer

New York Community Bancorp, Inc. Appoints Alan Frank to its Board and as Member and Chair of Audit Committee

New York Community Bancorp, Inc. Announces Management Changes

New York Community Bancorp, Inc. announced that it has received $1.04999993 billion in funding from Liberty 77 Capital L.P., Hudson Bay Capital Management LP, Reverence Capital Partners, L.P., Citadel Securities LLC

New York Community Bancorp, Inc. announced that it has received $1.05 billion in funding from Liberty 77 Capital L.P., Hudson Bay Capital Management LP, Reverence Capital Partners, L.P. and others

New York Community Bancorp, Inc. announced that it has received $1.05 billion in funding from Liberty 77 Capital L.P., Hudson Bay Capital Management LP, Reverence Capital Partners, L.P. and others

New York Community Bancorp, Inc. announced delayed annual 10-K filing

New York Community Bancorp, Inc. Announces Resignation of Toan C. Huynh from Boards of Directors

Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against New York Community Bancorp, Inc

Insider recently bought €385k worth of stock

New York Community Bancorp, Inc., Annual General Meeting, May 17, 2024

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against New York Community Bancorp, Inc

Upcoming dividend of US$0.05 per share at 13% yield

Fourth quarter dividend of US$0.05 announced

Full year 2023 earnings released: EPS: US$3.28 (vs US$1.26 in FY 2022)

New York Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on February 28, 2024

New York Community Bancorp, Inc. to Report Q4, 2023 Results on Jan 31, 2024

Third quarter 2023 earnings released: EPS: US$0.27 (vs US$0.30 in 3Q 2022)

New York Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on November 16, 2023

New York Community Bancorp, Inc. to Report Q3, 2023 Results on Oct 26, 2023

New York Community Bancorp, Inc. Appoints Julie Signorille-Browne as Senior Executive Vice President and Chief Operating Officer

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.35 in 2Q 2022)

New York Community Bancorp, Inc. to Report Q2, 2023 Results on Jul 27, 2023

New York Community Bancorp, Inc. Appoints KPMG LLP as the Independent Registered Public Accounting Firm of the Company for the Fiscal Year Ending December 31, 2023

New York Community Bancorp, Inc. has completed a Follow-on Equity Offering.

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released: EPS: US$2.88 (vs US$0.31 in 1Q 2022)

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: US$1.28 (vs US$1.20 in FY 2021)

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$1.28 (vs US$1.20 in FY 2021)

New York Community Bancorp, Inc. Reports Net Charge-Offs for the Three Months Ended December 31, 2022

New York Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on February 16, 2023

New York Community Bancorp, Inc. to Report Q4, 2022 Results on Jan 31, 2023

Independent Director recently sold €1.1m worth of stock

New York Community Bancorp, Inc. (NYSE:NYCB) completed the acquisition of Flagstar Bancorp, Inc. (NYSE:FBC).

Third quarter 2022 earnings released: EPS: US$0.31 (vs US$0.30 in 3Q 2021)

New York Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on November 17, 2022

New York Community Bancorp, Inc. to Report Nine Months, 2022 Results on Oct 26, 2022

Independent Director recently bought €53k worth of stock

Second quarter 2022 earnings released: EPS: US$0.34 (vs US$0.30 in 2Q 2021)

New York Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 18, 2022

New York Community Bancorp, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Independent Director recently bought €220k worth of stock

First quarter 2022 earnings released: EPS: US$0.32 (vs US$0.29 in 1Q 2021)

New York Community Bancorp, Inc. to Report Q1, 2022 Results on Apr 27, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

New York Community Bancorp, Inc. and New York Community Bank Appoints Marshall Lux to its Board of Directors

New York Community Bancorp, Inc., Annual General Meeting, Jun 01, 2022

New York Community Bancorp, Inc. Announces Demise of John M. Tsimbinos Member of the Board of Directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

New York Community Bancorp, Inc. Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Insufficient new directors